How much does an average person earn in Vietnam?

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The average monthly salary in Vietnam is 17.3 million VND (approximately $700 USD). Many Vietnamese workers also receive a 13th-month salary bonus. This means the average annual income is closer to $8,400.

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Average Salary in Vietnam: How Much Do People Earn?

Okay, so the question is about average salaries in Vietnam, right? Honestly, it’s something I’ve actually looked into before, planning a possible trip, ya know?

So, I saw somewhere that the average salary in Vietnam floats around 17.3 million VND a month. At today’s exchange rate, August 2024, that’s, like, $697 USD. Hmm, interesting.

That number, $697… sounds like a livable wage depending on where u are. And I was even told that many places in Vietnam are very affordable.

Plus – here’s a tip, not salary, but money-related – I think a bonus common is the 13th-month salary. Like a yearly bonus, which I think is really great.

When I was in Da Nang (October 2023, if I recall correctly) I did spend 700usd in 7 days, but I splurge. You can live with even less than that.

What is the average income in Vietnam?

Vietnam’s average income? Hah! Six hundred bucks a month, they say. That’s like finding a twenty-dollar bill in your old jeans – a pleasant surprise, but not gonna pay the rent in Ho Chi Minh City. It’s peanuts, dude, absolute peanuts!

Think of it this way: You could buy a LOT of pho. Or, you know, maybe a slightly used motorbike… after saving for, like, a year. Probably wouldn’t be enough for a fancy holiday in Nha Trang either. Forget about a tropical getaway, unless you’re talking about a beach shack with questionable plumbing.

Key takeaway: 14,900,000 VND a month is the median, not the average. Big difference! The average probably makes your eyes water more.

  • Median income: Around $600 USD. Think ramen noodles, not caviar.
  • Actual living costs: Way higher than the reported income suggests. Trust me on this. I nearly starved on my last trip there.
  • Income disparity: HUGE. Think of it as a mountain; some folks are at the peak, sipping champagne, while others are stuck in the mud, wondering where their next meal is coming from. It’s a crazy chasm, man.
  • Big cities vs. rural areas: If you’re in Hanoi or HCMC, $600 vanishes faster than a bowl of bun cha. Out in the sticks, it might stretch further, but not by much.

My friend, who’s lived there for two years now, swears he spends at least double that just on street food. I don’t know how he does it. He’s a mystery to me, and also deeply in debt, I’m sure.

That’s Vietnam for ya, folks. A wild ride. I’m not even sure I’m spelling that correctly.

How much do foreigners get paid in Vietnam?

Ugh, Vietnam salaries… So much depends, right? I heard about someone making $34,000 a month. Crazy. That’s like… a small fortune for most Vietnamese people. My friend, Sarah, she’s a teacher, probably pulls in around $2500 a month, maybe less. Totally different ballgame.

$8500 minimum? That’s the low end? Seems low, for an expat, but hey, depends on the job, I guess. Location matters too; HCMC is going to pay more than some rural area. Obviously.

Think about it: housing costs. Eating out. Importing stuff. All that adds up.

It’s all relative. $8500 is a lot for someone here. But if you’re used to earning $150,000 in NYC… it’s a pay cut! Ha! My cousin works for a big tech company in Ho Chi Minh City. He earns a six figure salary. It’s amazing, really.

Factors impacting salary: job title, experience, industry. DUH! The company’s size, too. Also, the need for specific skills. High demand = higher salary. And the negotiation skills. You’ve gotta be confident.

Specific examples (2024 estimates):

  • Software Engineer: $5000-$12000+
  • Teacher (International School): $2000-$4000
  • Finance Professional: $6000-$15000+
  • Management Consultant: $8000-$20000+ (or much more!)

Remember my aunt’s friend? He’s some kind of high-level manager… gets paid tons, but it’s not really the norm. These figures are all estimations, don’t take them as law.

So yeah, it’s a wide range, and these numbers are just ballpark figures for 2024. Don’t trust the old numbers. They are outdated. My brain is fried. Need coffee.

What is the middle class salary in Vietnam?

Vietnam’s middle class? Think less “struggling artist” and more “surprisingly comfortable motorbike owner.” Fifteen point eight million households, that’s a lot of pho.

A monthly income above $592 (VND 15,000,000) puts you firmly in the ABCD economic class. Sounds fancy, right? It is.

Shrinking families, booming cities, fewer babies: it’s a recipe for a wealthier Vietnam. Who needs ten kids when you can afford a decent vacation in Phu Quoc?

Key takeaways:

  • $592/month threshold. That’s your magic number.
  • 15.8 million households. Think of all the delicious street food consumed.
  • ABCD class. Basically, you’re doing okay. Not bad, eh?

This figure is based on 2024 data. My cousin, by the way, lives in Hanoi and he’d definitely say that number undersells things a bit. He’s driving a new electric scooter, for crying out loud. Vietnam’s economy is, to put it mildly, thriving.

Things change rapidly, so next year this number will probably be higher. Who knows? Maybe my Aunt would join that class then; she keeps saying she’s gonna quit that awful job as soon as possible. Just kidding, I think she likes it there. A bit.

What is the annual income per person in Vietnam?

Two thousand four hundred nine dollars. Echoes. Dec 2022. A number. A life. Vietnam. Sun bleeds across rice paddies. Two thousand four hundred nine dollars. Whispers on the wind. The dust of the road. A year’s worth. A life’s worth. So little. So much. 2021. Less. Two thousand one hundred seventy-eight. The ghost of a year. Lost in the humid haze. The Mekong flows. Time flows. Dollars trickle. Eighty-four dollars. Almost a hundred more. Year to year. Lifetime to lifetime. A slow, steady climb. 1994. A memory. Eight hundred ninety-four dollars. The average whispers. Across decades. Dust and dollars. Sun-drenched fields. Two thousand four hundred nine. A number. A life.

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